GBP/JPY Exchange Rate Today, Forecast & News

GBP/JPY
British Pound - Japanese Yen
Open
192.512+0.30900 (+0.16%)
As of: Apr 19, 2024 14:17 UTC
Open
192.203
High
192.846
Low
191.890

Stats

Prev. Close

192.203

Open

192.203

Day's Range

191.890 - 192.846

52 Week Range

165.429 - 194.149

YTD Change

7.02%

1 Year Change

15.59%

Economic CalendarAll Events

Time zone: GMT

Friday, April 19th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	GBP	Retail Sales YoYMar	Medium	0.8%	0.7%	-0.3%
06:00	GBP	Retail Sales MoMMar	High	0%	0.3%	0.1%
14:15	GBP	BoE Breeden Speech	Medium
14:15	GBP	BoE Ramsden Speech	Medium

Monday, April 22nd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
10:00	GBP	CBI Industrial Trends OrdersApr	Medium		-16	-18
10:00	GBP	CBI Business Optimism IndexQ2	Medium		2	-3

Tuesday, April 23rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
00:30	JPY	Jibun Bank Manufacturing PMI FlashApr	Medium		48.9	48.2

GBP/JPY

The major cross-pairing is nicknamed "the dragon" and is considered to be a barometer of the global economy. In periods of economic and market stress expect downward pressure to be exhibited. As a safe haven currency, the Yen finds support in perids of political and economic uncertainty. Energy prices are also a driving force, with Japan a heavy importer of both crude oil and natural gas. The dragon is the equal 7th most liquid pairing, accounting for 4% of total transaction volume in the FX market.

	Japan		United Kingdom
Interest Rate	0% Mar 24		5.25% Mar 24
Inflation Rate	2.7% Mar 24		3.2% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	A1Stable	A+Stable	Aa3Stable	AAStable